Metalla Royalty Revenue Rises to $8.3 Million for First Half
The precious metals royalty company reported revenue of $8.288 million for the six months ended June 30, 2026
Metalla Royalty & Streaming Ltd. (MTA), a precious metals royalty and streaming company, reported revenue from royalty interests of $8.288 million for the six months ended June 30, 2026. This represents an increase from the $4.416 million recorded during the same period in 2025.
For the three months ended June 30, 2026, revenue reached $5.224 million, compared to $2.695 million in the prior-year quarter. The company reported a gross profit of $7.454 million for the first half of 2026, up from $3.361 million in the first half of 2025.
Earnings from operations for the six months ended June 30, 2026, were $2.691 million, compared to $4,000 for the same period in 2025. General and administrative expenses rose to $2.973 million for the half-year period from $1.966 million in 2025. Share-based payments also increased to $1.790 million from $1.391 million over the same timeframe.
Metalla reported a cumulative deficit of $71.7 million as of June 30, 2026. However, the company recorded income for the period ending June 30, 2026, of $1.334 million, following a loss of $2.467 million for the period ending June 30, 2025.
As of June 30, 2026, the company held $10.674 million in cash and cash equivalents. Total assets were $272.594 million, with royalty, stream, and other interests accounting for $255.217 million of that total.
Liabilities totaled $17.085 million as of June 30, 2026, down from $19.113 million on December 31, 2025. The company's revolving credit facility balance stood at $12.345 million.
Metalla's contractual obligations include $15.054 million in loans payable over the next one to three years. The company also has a $1.25 million cash payment required for the Lama project royalty in January 2027 and a $0.5 million cash milestone payment for the Hoyle Pond Extension property.
Management expects that its cash balance, cash flows from operating activities, and available credit facilities will be sufficient to fund operations for at least twelve months from the date of the report.